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Nov 21, 2012
11/12
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if you think the u.s. is going to default there are several other countries that are first in line. >> last time we had the downgrade you saw the s&p fall off a cliff. it fell off before it. >> everybody knows that. everybody is expecting it. it is already in there. and especially since you have japan with the issues. people are looking for safe assets. china and japan are no longer buying. there is definitely demand. i'm not saying that they go to half a percent. i would be concerned about the fiscal cliff. >> and the feds shown that they have a lot of demand. >> whether it is deal or no deal let's bing in chief economist and strategist. good to see you. >> thanks for having me on. >> it is hard to believe there is a fiscal cliff proof portfolio but you have somehow put it together. part of that is dividend growth. >> it's the past tax shifts at a lingering impact. there could be a pack. what matters the most is what the fed is going to do. if the fed is going to keep interest rates close to zero for at l
if you think the u.s. is going to default there are several other countries that are first in line. >> last time we had the downgrade you saw the s&p fall off a cliff. it fell off before it. >> everybody knows that. everybody is expecting it. it is already in there. and especially since you have japan with the issues. people are looking for safe assets. china and japan are no longer buying. there is definitely demand. i'm not saying that they go to half a percent. i would be...
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Nov 21, 2012
11/12
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u.s. debt. i think the consumer is actually okay, which is why i like macy's right for the middle class. >> we look forward to having you back and enjoy thanksgiving. coming up, the as stock trading at ten-year lows today. is this a once in a lifetime opportunity for you to get in? we'll get details ahead and we head to the pits to tackle what happens to gold if the u.s. can't avoid the fiscal cliff and we'll check out the top stocks in the s&p 500 today ahead of the thanksgiving holiday. we'll be right back. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ olaf gets great rewards for his small business! pizza! [ gar
u.s. debt. i think the consumer is actually okay, which is why i like macy's right for the middle class. >> we look forward to having you back and enjoy thanksgiving. coming up, the as stock trading at ten-year lows today. is this a once in a lifetime opportunity for you to get in? we'll get details ahead and we head to the pits to tackle what happens to gold if the u.s. can't avoid the fiscal cliff and we'll check out the top stocks in the s&p 500 today ahead of the thanksgiving...
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Nov 21, 2012
11/12
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u.s. airways up 192%. not entirely because of the business but more because of the speculation. >> thanks so much. >> the latest on your travel for the weekend. >>> and finally my observation on the warning bernanke issued to america yesterday. our economy might want to give thanks to the fed when congress shirked its responsibilities. i was happy to be at the new york economic club lunch where bernanke spoke. he reaffirmed that the recovery continued to grow at a slow pace and that the unemployment story remains high and says housing has been improving. we saw zillow saying october saw the largest monthly gain for home prices in more than seven years but the real fireworks happened when a question came up about the fiscal cliff. >> in the worst case scenario where the economy goes off the broad fiscal cliff i don't think the fed has the tools to offset that. >> and those words sent the markets lower yesterday and probably helped to contribute to tempt today. my take is the chairman is worried. for years h
u.s. airways up 192%. not entirely because of the business but more because of the speculation. >> thanks so much. >> the latest on your travel for the weekend. >>> and finally my observation on the warning bernanke issued to america yesterday. our economy might want to give thanks to the fed when congress shirked its responsibilities. i was happy to be at the new york economic club lunch where bernanke spoke. he reaffirmed that the recovery continued to grow at a slow pace...
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Nov 21, 2012
11/12
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u.s. secretary of state hillary clinton announced about an hour ago that a truce had been reached between israel and hamas. so starting now, israel stops all military action in gaza, including those targeted killings. palestinians, on the other hand, will stop launching rockets on israel and border attacks on israeli troops. but there is no signed agreement. this is very important. instead, israel and hamas have agreed on an understanding, a kind of exchange of quiet for quiet, if you will, which will be the first phase. that will be followed by a second phase of intense negotiations. those will be anchored and supported and guaranteed by egypt and the united states to try to resolve the key demands on both sides. the sticking points are still hamas wants the blockade of gaza lifted immediately. israel wants an immediate end to all weapons smuggling. neither of those demands will be reached today. that's going to take some time. but at least both sides have agreed in principle to these dem
u.s. secretary of state hillary clinton announced about an hour ago that a truce had been reached between israel and hamas. so starting now, israel stops all military action in gaza, including those targeted killings. palestinians, on the other hand, will stop launching rockets on israel and border attacks on israeli troops. but there is no signed agreement. this is very important. instead, israel and hamas have agreed on an understanding, a kind of exchange of quiet for quiet, if you will,...
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Nov 21, 2012
11/12
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FBC
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and the iea, just a few months ago announced that the u.s. hase reduced its co2 emissions moresa than any other country in the world. a remarkable accomplishment. why? because of natural gas. clearly what i think will happen in the next four years, the obama administration and the epe are going to continue imposing regulations on the coalposing industry, which will lead to more natural gas-fired generation capacity in the u.s. clearly also going to lead toclo aore coal exports from the united states. nt gerri: does not reducing we are using. here is with the national minin associatioln had to say. current administration policy virtually precludes the construction of nuclear calli based plants. necessary platform for the technology the president advocated. the same policies have skewed the market against call. theshave do you agree? >> i think that is clearly the case. think t you have a lot of haregulationsn are putting pulled behind the eightball.cool natural gas in many parts of thl country that is priced underuntt col. what is happening to
and the iea, just a few months ago announced that the u.s. hase reduced its co2 emissions moresa than any other country in the world. a remarkable accomplishment. why? because of natural gas. clearly what i think will happen in the next four years, the obama administration and the epe are going to continue imposing regulations on the coalposing industry, which will lead to more natural gas-fired generation capacity in the u.s. clearly also going to lead toclo aore coal exports from the united...
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Nov 21, 2012
11/12
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the u.s. dollar. cheryl: breaking news. as the muddling fox news to expect israel to announce a unilateral cease-fire late tonight or early tomorrow. this from fox's lehman from southern israel. >> almost sounds like deja vu all over again. we were standing on the same hole talking about the effect of the we were close to a cease-fire and there were reports that they cease-fire. these reports appear to be more concrete legitimate least it is not over until the last rocket fired as early as 10 minutes ago we saw a big explosion inside the gaza strip so we think hillary clinton, secretary of state in egypt right now and she and the egyptian president are expecting to have a news conference. whether that happens and the punt and of is that debate and clearly there are conflicting reports that there will likely be a ceasefire to end they 8 and a very bloody day at that. the bombings started again and this is the raw intensity we saw with the suicide bombing that you see over year. all the glass knocked out and this is where pas
the u.s. dollar. cheryl: breaking news. as the muddling fox news to expect israel to announce a unilateral cease-fire late tonight or early tomorrow. this from fox's lehman from southern israel. >> almost sounds like deja vu all over again. we were standing on the same hole talking about the effect of the we were close to a cease-fire and there were reports that they cease-fire. these reports appear to be more concrete legitimate least it is not over until the last rocket fired as early...
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Nov 21, 2012
11/12
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FBC
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you see the kiosks bill that the american terminal, o'hare -- the busiest thanksgiving airport in the u.s. tops jfk and all the rest. it is busy. tracy: it looks at. consumers lose big-time. jeff flock. jeff: that is the way it goes. sometimes you win, sometimes you lose. i would not want to go anywhere today. tracy: i am staying home. had a tough time getting over the george washington bridge. happy holidays. holiday travel or holiday shopping, a new survey has surprising predictions on how much americans are planning to spend this year. are you a big shoppers? >> i'm a terrible relative. don't expect much. tracy: gift cards, don't even try to buy me anything. >> get what you like. i agree. as a nation, as shoppers we will do all right. the credit union national association, consumer federation say american shoppers are growing more optimistic about their financial futures and the holiday economy is recovering from the recession. >> since 2007 the percentage of those planning to increase holiday spending has never been higher and the percentage of those planning to reduce the spending ha
you see the kiosks bill that the american terminal, o'hare -- the busiest thanksgiving airport in the u.s. tops jfk and all the rest. it is busy. tracy: it looks at. consumers lose big-time. jeff flock. jeff: that is the way it goes. sometimes you win, sometimes you lose. i would not want to go anywhere today. tracy: i am staying home. had a tough time getting over the george washington bridge. happy holidays. holiday travel or holiday shopping, a new survey has surprising predictions on how...
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Nov 21, 2012
11/12
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CNNW
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u.s. secretary of state hillary clinton in jerusalem tonight. she arrived late and went straight to a meeting with prime minister benjamin netanyahu. >> america's commitment to israel's security is rock-solid, and unwavering. that is why we believe it is essential to deescalate the situation in gaza. >> deescalate the situation in gaza. what does deescalate mean? there was a spade of rockets just a moment ago, but yet that's the key word being used by the administration. during a brief press conference with prime minister netanyahu, there was no mention of a cease-fire. netanyahu said israel is prepared to take whatever action is necessary to defend itself. and egypt, which is brokering a deal between the two sides, cancelled a press conference where officials were expected to announce a deal with terms for a cease-fire. tomorrow, secretary clinton meets with the palestinian president, mahmoud abbas and then will fly to egypt to speak with president mohamed morsi. that is going to be a very interesting conversation, because, of course, as so man
u.s. secretary of state hillary clinton in jerusalem tonight. she arrived late and went straight to a meeting with prime minister benjamin netanyahu. >> america's commitment to israel's security is rock-solid, and unwavering. that is why we believe it is essential to deescalate the situation in gaza. >> deescalate the situation in gaza. what does deescalate mean? there was a spade of rockets just a moment ago, but yet that's the key word being used by the administration. during a...